local banking groups step up nonbanking biz for better profit
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

Local banking groups step up non-banking biz for better profit

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Arab Today, arab today Local banking groups step up non-banking biz for better profit

Seoul - Yonhap

Local banking groups are turning to non-banking businesses through takeovers in a bid to diversify their portfolios, cornered by shrinking profit margins and a saturated market, data showed Tuesday. NongHyup Financial Group finalized a deal to buy the three units of Woori Finance Holdings Co., including Woori Investment & Securities Co. The group's market share is expected to top its rivals in the brokerage sector once Woori Investment & Securities merges with its securities unit, NH Investment & Securities Co

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local banking groups step up nonbanking biz for better profit local banking groups step up nonbanking biz for better profit

 



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local banking groups step up nonbanking biz for better profit local banking groups step up nonbanking biz for better profit

 



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